Biden Alienating Important Group of Voters — and Donors
(ReliableNews.org) – Democrats have long believed corporations in America should be taxed more. Instead of creating an atmosphere that’s welcoming and seeks to help create jobs, Liberal lawmakers concern themselves with how much a CEO earns. Presumptive Dem nominee Joe Biden is threatening them with even more taxes, and they’re responding by supporting President Donald Trump’s reelection.
CEOs Are On The Trump Train
Earlier this month, Liberals lost it when Goya Foods CEO, Robert Unanue, spoke out in favor of Trump. The businessman said America was lucky to have him as its leader. In response, Democrats began boycotting the business.
According to a new report by CNBC, Unanue wasn’t alone in his support for President Trump. The majority of the top political donors of the S&P 500 CEOs, most of them were giving their money to business-friendly Republicans.
GOP donor Dan Eberhart said he thinks “CEO donations to President Trump…” will accelerate. Biden’s proposal to raise the corporate tax rate from 21% to 28% is not something these voters want. There’s also a concern that radical Progressives, like Rep. Alexandria Ocasio-Cortez (D-NY), are going to influence the former vice president too much.
Trump’s Track Record
President Trump has a good record with businesses in America. He came from that world and knows what they need in order to be innovative and create jobs. His big tax cut, which reduced the corporate tax rate to 21%, was wildly popular.
In the first quarter of 2018, the Trump tax cut saved corporations roughly $13 billion. The biggest banks in the US saved $18 billion in 2019. And, before the COVID-19 pandemic, America’s unemployment rate was the lowest it had been in 50 years. Coincidence?
These voters, and the rest, have a choice to make: do they want someone who’s going to raise taxes, or someone who cuts them? That’s what voters need to decide before they cast their ballots.
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